Solvency II - Towards a New Insurance Supervisory System in the EU

Abstract
This article describes the current state of affairs in the EU Solvency II project. The background and international context of the project is discussed, as well as the general outline of a future EU solvency system. In particular, several areas where further technical work is needed are outlined. These topics could provide interesting objects of study for professionals of actuarial sciences as well as to those of other related sciences. Keywords: Solvency Ii, Insurance Supervision, Capital Requirement, Solvency Margin, Risk-based Capital, Technical Provisions
Volume
No. 6
Page
462-474
Year
2004
Categories
Actuarial Applications and Methodologies
Capital Management
Capital Requirements
Actuarial Applications and Methodologies
Regulation and Law
Insurance Company Financial Condition
Actuarial Applications and Methodologies
Regulation and Law
Risk-Based Capital
Actuarial Applications and Methodologies
Regulation and Law
Solvency
Practice Areas
International Areas
Actuarial Applications and Methodologies
Reserving
Publications
Scandinavian Actuarial Journal
Authors
Ulf Linder
Vesa Ronkainen